PetroChina to Pay $1 Billion for 50% Stake in Ineos's European Refineries

16:59 PM | January 31, 2011 | Ian Young

Ineos has accepted a $1-billion binding offer from PetroChina for a 50% stake in Ineos's European refining business. The deal covers Ineos refineries at Grangemouth, U.K. and Lavéra, France and it...